Health ON South RX LLC
1631-33 South St
Philadelphia, PA 19146
Talking Points
For the Agent
These are points that might help guide an agent as they look to approach a prospect.
- Increasing LCM and decreasing market share may indicate carrier is tightening underwriting guidelines and/or has written higher risk accounts that they are less willing to fight for.
LCM Rate
LCMs have the largest effect on your WC costs. Carriers file LCM's which are multiplied with the state approved Loss Costs for your employment classifications to create your policy rates. Carrier Groups have several Carrier Tier's each with their own filing, allowing their underwriters to price aggressively to overly prudent depending on the risk.
- The LCM of the Current Carrier isHigherthan 60% of peers.
- Shopping around for a carrier that would provide a more competative tier would make sense.
Market Competitiveness
We measure relative change (when a business chooses a different WC provider), and market share distribution over a rolling 24 months as compared to it's industry and state level activity to determine how competitive carriers are for your class of business.
- 8% of peers have changed carriers since last year.
- Current Carrier's market share is in the 99th percentile at 29.2% of the market.
Business Stats
Policy History
| Term | Exp. Mod | Carrier | LCM |
|---|---|---|---|
| 2022 |
1.820 (Current: 1.750) |
||
| 2021 |
1.820 | ||
| 2020 |
1.600 | ||
| 2019 |
1.600 | ||
| 2018 |
1.600 | ||
| 2017 |
1.480 | ||
| 2016 |
1.480 | ||
| 2015 |
1.480 | ||
| 2014 |
- | ||
| 2013 |
- | ||
| 2012 |
- | ||
| 2011 |
- | ||
| 2010 |
- | ||
| 2009 |
- |
Contacts
Industry Classification
Drugstores
Drugstores
12374
Drugstores--No Table or Counter Service for Beverage or Food
45900
Mail Order or Online Drug Stores
Drug Stores and Proprietary Stores
5961
Catalog and Mail-order Houses
Retirement Benefits
Financials
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BOY Assets: | $ 987,790 | $ 877,279 | $ 6,642 | $ 643,621 | $ 760,617 | $ 761,252 | 186162美元 | $ 632,356 | $ 746,533 | $ 873,576 | $ 477,896 |
| Liabilities: | $ 0 | $ 17 | $ 7 | $ 2 | $ 6 | $ 56 | $ 7 | $ 7,000 | $ 163 | ||
| EE Contrib: | $ 0 | $ 718 | $ 1 | $ 47 | $ 1 | ||||||
| Emp Contrib: | $ 0 | $ 40,886 | $ 57,152 | $ 13,478 | $ 86,608 | $ 3,201 | $ 89,925 | $ 79,989 | $ 5,875 | $ 3,595 | $ 1,415 |
| Income/Loss: | $ 96,954 | $ 951,542 | $ 1,567 | $ 58,069 | $ 92,010 | （$71,660) | $ 22,251 | $ 1,267 | $ 16,194 | （$7,588) | $ 47,449 |
| Total Income: | $ 96,954 | $ 442,099 | $ 96,747 | $ 86,071 | $ 19,926 | （$16,489) | $ 76,220 | $ 76,315 | $ 99,990 | （$1,313) | $ 40,981 |
| 支付的好处: | $ 0 | $ 70 | $ 4 | $ 9 | $ 0 | $ 30 | $ 71 | $ 3 | |||
| Expenses: | $ 15,326 | $ 88,427 | $ 856 | $ 42 | $ 727 | $ 6 | $ 624 | $ 386 | |||
| Commission: | $ 2,640 | $ 482 | $ 0 | $ 412 | $ 7,539 | $ 7,067 | $ 6,584 | $ 2,050 | $ 8,815 | $ 3 | |
| Net Income: | $ 78,988 | $ 51,752 | $ 57,545 | $ 70,062 | $ 49,422 | （$36,710) | $ 3,255 | $ 58,140 | $ 15,104 | （$4,067) | $ 15,525 |
| Net Assets: | $ 1,066,778 | $ 868,988 | $ 238,789 | $ 684,305 | $ 901,247 | $ 869,702 | $ 96,241 | $ 193,009 | $ 176,104 | $ 735,094 | $ 84,538 |
Participants
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Participants: | 4 | 1 | 0 | 7 | 1 | 8 | 2 | 1 | 5 | 8 | 0 |
| Active Part.: | 2 | 1 | 7 | 1 | 1 | 0 | 4 | 7 | 7 | 5 | 3 |
| Retired Part.: | 0c | 321 | a10 | a16 | b | 6 | c | 9 | 0 | 8 | |
| Deceased Part.: | 08 | 34 | 65 | 8da | d | a | 03 | 9d | 0 |
Insurance
No Insurance CoverageProviders
No ProvidersFeatures
2A- Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
2E- Profit-sharing
2J- Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
3D- Pre-approved pension plan - A master, prototype, or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.